Baillie Gifford Shin Nippon (LON:BGS) Shares Down 0.5% – Here’s What Happened

Baillie Gifford Shin Nippon PLC (LON:BGS) shares traded down 0.5% on Wednesday . The stock traded as low as GBX 113 ($1.44) and last traded at GBX 113.40 ($1.45). 4,200,343 shares were traded during mid-day trading, an increase of 339% from the average session volume of 957,626 shares. The stock had previously closed at GBX 114 ($1.45).

Baillie Gifford Shin Nippon Trading Down 0.5 %

The firm’s 50-day moving average price is GBX 112.97 and its 200-day moving average price is GBX 113.44. The company has a market cap of £330.49 million, a P/E ratio of -567.00 and a beta of 0.60. The company has a quick ratio of 3.66, a current ratio of 0.13 and a debt-to-equity ratio of 20.31.

Insider Buying and Selling at Baillie Gifford Shin Nippon

In other news, insider Kevin Troup purchased 9,000 shares of the stock in a transaction dated Friday, September 20th. The shares were purchased at an average cost of GBX 119 ($1.52) per share, with a total value of £10,710 ($13,662.46). Insiders own 0.94% of the company’s stock.

Baillie Gifford Shin Nippon Company Profile

Baillie Gifford Shin Nippon PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors.